Based in Singapore, Mark is an experienced journalist and editor with over a decade of experience reporting on technology and business trends throughout Asia. Mark got his start as an engineer, graduating from the UK's Queen's University of Belfast with a Master's degree in Electrical and Electronic Engineering. As senior reporter for Regulation Asia, Mark focuses on regulatory changes impacting financial markets, with particular interest in fintech, cybersecurity and crypto markets.
Enforcement
US Court Fines Chinese Citizen for Fictitious Sales Scheme
27/10/2024
Yueyu Bao was fined and banned for orchestrating a series of non-competitive, fictitious trades with his cousin on the Chicago Board of Trade.
Fintech / Regtech
Paytm Gains NPCI Approval to Onboard New UPI Users
26/10/2024
Paytm has received approval from the NPCI to resume onboarding new UPI users, a development seen as significant for the company.
AML / KYC
Australia to Create Streamlined Process for Scam Victims to Seek Redress
25/10/2024
AFCA will operate an external dispute resolution scheme for scam victims to seek compensation from banks, telcos and digital platforms.
Capital / Liquidity
State Bank of Vietnam to Inject Capital into Vietcombank
25/10/2024
The capital injection is intended to boost state-owned Vietcombank’s capacity to support government policies and economic stability.
Securities / Derivatives
SGX FX Targets Growth in Electronic FX Options Trading
25/10/2024
SGX FX CEO Lee Beng Hong said there is a “big opportunity” to bring efficiency to FX options, which still largely trade bilaterally or on voice.
Enforcement
US SEC Settles Charges with Associate of Short Seller Andrew Left
24/10/2024
The SEC said Ryan Choi misled investors in two tweets and profited from trades in two companies without properly disclosing his trading activity.
Enforcement
US SEC Fines Four Companies Over Misleading Cyber Disclosures
24/10/2024
The four companies provided misleading disclosures about cybersecurity breaches associated with the SolarWinds hack.
Capital / Liquidity
FSB Report Outlines Policy Implications of March 2023 Bank Runs
24/10/2024
The report summarises the FSB’s main findings from its work to draw lessons from the deposit runs that took place in March 2023.
Fintech / Regtech
Hong Kong Digital Banks Gaining Public Trust and Adoption: HKAB
24/10/2024
A recent survey by the Hong Kong Association of Banks reveals a surge in public trust and awareness of digital banks in the city.
Market Infrastructure
RBI Expands Access to Electronic Trading Platform for G-Secs
24/10/2024
Access to NDS-OM will expand to regional rural banks, local area banks, NBFCs, provident funds, pension funds, and regulated MIIs.
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